microfinance

Guest Article: Technology for Microfinance to Scale Up is Having Impact

Darren Beck Event News Leave a Comment

One of the challenges to growth in microfinance has been the tremendous time and effort required to make loans and collect funds. Digital solutions are upending current practices, however, and enabling companies to scale up as well as to provide better service to borrowers. New Models The traditional model for microfinance institutions (MFIs) has often started with a loan officer …

cashless-payment

Guest post: Hurdles On The Way To Cashless

Darren Beck Event News 1 Comment

Hurdles On The Way To Cashless By Richard Hartung, Managing Director, Transcarta 1. Protecting payment systems from cyberattacks When all of DBS Bank’s online services and ATMs shut down for about seven hours in 2013, business across the island slowed considerably. A cyberattack could be even more devastating, especially if it hits more than one bank and payment networks such …